Telus (TU) Reports Q4 EPS of C$0.53
Get Alerts TU Hot Sheet
Join SI Premium – FREE
Telus (NYSE: TU) reported Q4 EPS of C$0.53, versus C$0.54 reported last year. Revenue for the quarter came in at C$3.3 billion, versus C$3.22 billion reported last year.
"TELUS delivered robust fourth quarter results reflecting strong revenue, EBITDA and subscriber growth across both of our wireless and wireline businesses," said Darren Entwistle, President and CEO. "Our exceptional team continued to demonstrate their ability to navigate successfully the competitive environment, delivering the best customer experience and shareholder value in the industry."
Mr. Entwistle added "TELUS built upon our track record of delivering industry-leading shareholder-friendly initiatives in 2016. Notably, we returned over $1.2 billion to shareholders in both dividends and share purchases and we are targeting another 7 to 10 per cent increase in dividends in 2017. TELUS has now returned approximately $14 billion to shareholders, including $8.7 billion in dividends and $5.2 billion in share purchases, representing $24 per share since 2004."
Mr. Entwistle further commented "As we look to 2017, TELUS is once again providing industry-leading revenue, EBITDA and dividend growth targets, highlighting the confidence we have in the entire global TELUS organization. These targets are representative of the ongoing excellence of our long-term strategy, reflecting the consistency, diversity and combined strength of both our wireless and wireline operating segments that underpin our shareholder-friendly initiatives."
For earnings history and earnings-related data on Telus (TU) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alphabet stock surges 11% to record high on Q1 earnings beat, first-ever dividend
- Atlassian (TEAM) comes ahead of Street estimates in Q1 but shares tumble
- Altria (MO) delivers in-line earnings, revenue in Q1; shares slightly up
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!